Recently, US non-farm payroll data has underperformed expectations, causing significant market sentiment fluctuations. Against this backdrop, I noticed that the ZKP asset has some interesting movement.



The current price is around 0.1385, which is a good position to set up a long position. Place a stop-loss below 0.132; if it breaks this level, cut losses decisively and don't fight the market. The short-term target is first seen at 0.155, as this resistance level is quite clear.

Why do I say there is an opportunity now? The key point is that the open interest has already exceeded the trading volume, indicating that the chips are gradually consolidating. Once the trading volume increases, it will be easy to form a rally. This is a typical sign of a buildup before a surge.

Of course, before operating, you should consider your own risk tolerance. Don't go all-in; entering in batches is more prudent.
ZKP-1,67%
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LiquidationAlertvip
· 01-12 03:51
The idea that open interest > trading volume has been heard too many times to lead to liquidation...
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BlockchainGrillervip
· 01-12 03:50
I've seen the signal of open interest exceeding trading volume several times, but it doesn't always take off.
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just_vibin_onchainvip
· 01-12 03:50
The signal of open interest surpassing trading volume does have some merit, but I'm more concerned about when this wave of volatility after non-farm payrolls will finally settle down.
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